A Framework for Collective Business Action Toward Racial Equity

Providing a way for business leaders to build anti-racist companies and a more equitable economy was the key goal at the inception of the first Racial Equity Impact Improvement Program led by B Lab U.S. & Canada. The program, launched in April 2023, included leaders from 12 Certified B Corporations who took an eight-week journey of education and exploration about racial equity with guidance from experts at partner organizations.

The Racial Equity Impact Improvement Program builds on B Lab U.S. & Canada’s work as part of the Corporate Racial Equity Alliance with PolicyLink, JUST Capital, and FSG. In 2021, the Alliance released the CEO Blueprint for Racial Equity to identify ways that B Corps and other businesses can combat systemic racism. Incorporating the CEO Blueprint and elements of the B Impact Assessment, the Racial Equity Impact Improvement Program takes a holistic look at ways businesses can increase opportunities for People of Color and close the racial wealth gap, said Marielle Martin, Racial Equity Program Manager at B Lab U.S. & Canada.

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